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The Latest Breaking News from Polymarket

FBI raids home and seizes phone of Polymarket founder

Shayne Coplan calls incident ‘discouraging’ as firm suggests raid was retaliation for site’s users betting on Donald Trump

The Guardian - US

CEO of Election Betting Company that Predicted Trump Win Has Electronic Devices Seized by FBI in Surprise Raid

Polymarket CEO Shayne Coplan, 26, was the target of a surprise FBI raid Wednesday morning during which his phone and other electronic devices were seized.

Latin Times

Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary

The prediction market puts Bessent’s odds of getting the nod at 67%.

Fortune

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Scott Bessent – Is The Trump Treasury Secretary Potential Pick Good For Crypto?

Scott Bessent is reportedly a heavy favorite in Trump's final list of potential individuals to lead the U.S. Treasury – who is he and will his views have an impact on Bitcoin and the broader crypto industry?

International Business Times

Polymarket CEO Shayne Coplan says he founded the popular prediction market from his bathroom

“Little did I know Polymarket was going to change the world," the 26-year-old founder said of his makeshift setup.

Fortune

US election results: How did opinion polls undercount Trump voters again?

It’s the third consecutive election in which opinion polls have underestimated Trump’s support.

Al Jazeera

Polymarket Plans US Comeback After Signaling Trump Win, Founder Says

Polymarket is planning a return to the United States after it shut out American crypto bettors in 2022 in compliance to a CFTC settlement.

International Business Times

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Vindicated: Polymarket Says It Proved 'Wisdom Of Markets' Over Polls After Trump Landslide Win

Polymarket believes it has proved doubters wrong after Donald Trump's victory, given criticisms and doubts that the decentralized prediction platform experienced in the lead-up to the elections.

International Business Times

US pollsters taking heat – again – for failing to predict Trump triumph

Polling experts called on to explain surveys that showed Trump and Harris deadlocked in a race deemed too close to call

The Guardian - US

A mystery Polymarket trader bet major money that Trump would win—and it just paid off to the tune of $40 million

Crypto bros see Polymarket’s rapid movement on Tuesday night as fulfilling a prophecy.

Fortune

'Whale' Election Bettors Set To Win Big On Trump Wagers

Polymarket saw a total of $3.2 billion bet on the outcome of the U.S. presidential election, favoring a win by Donald Trump.

International Business Times

The false premise of prediction markets

Prediction market Polymarket has become increasingly popular throughout the 2024 U.S. election.

Fortune

Polymarket Trends On X As Trump's Odds Skyrocket To New Record High

Polymarket is a hot topic on X Tuesday night as the election numbers begin pouring out, with Donald Trump's odds of winning the presidency surging continuously.

International Business Times

Betting markets swing hard to Trump with early election tallies

Apps such as Polymarket and Kalshi place Trump as likely winner as election officials continue to count ballots

The Guardian - US

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news in one place.

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International Business Times

Bettors Say This Swing State Will Be The Last One Called, Could Decide 2024 Election

More than $83,800 has been wagered on the exotic side wager, which will be determined by Associated Press projections, according to the Polymarket website.

The Independent UK

Gamblers spend more than $3.3bn on Polymarket betting on 2024 presidential election, mostly for Trump

Interest in political betting has surged during 2024 election

Fortune

Polymarket users have wagered $3.2 billion on the outcome of the election—and the majority of bets are on Trump winning

The majority of bets went for Trump, with $1.3 billion wagered on the former president and $827 million on Harris.

The Guardian - US

Trump’s lead over Harris in betting market erodes as platforms tighten odds

Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app

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news in one place.

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Fortune

Polymarket users who bet on the presidential election might not see pay day until the inauguration

If top news outlets don’t call the election for the same candidate, the cryptocurrency-based prediction market will wait until Jan. 20 to pay out.

Fortune

Trump leads Harris on Robinhood’s new prediction market with 100 million contracts traded

Robinhood rolled out its new prediction market last month.

International Business Times

Polymarket 1 Day Before US Elections: Kamala Harris' Chances Jump, VP Retakes 2 Swing States

Polymarket is heating up with just one day left before the elections, and it appears the vice president still hasn't lost touch with crypto bettors as they have slightly driven her chances up, narrowing Trump's massive lead from last week.

TechRadar

Americans are turning to VPN services to bet on the US election

Five days away from the US presidential elections, people are turning to Polymarket VPNs to bet on the winner.

Fortune

The French 'whale' who made massive pro-Trump bets is only doing it for the money and could win $80 million, report says

The trader told the Wall Street Journal he has no political agenda and that he thinks polls are understating Trump’s election odds.

The Guardian - UK

Republicans preparing to reject US election result if Trump loses, warn strategists

Polling experts point to ‘fake polls’ exaggerating his support, with baseless lawsuits alleging fraud already filed

Fortune

Donald Trump’s net worth plunges by more than $1 billion in one day as his meme stock tanks

The drop comes after a scorching-hot October rally and concerns that the Trump campaign may have committed an unforced error with less than a week left.

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